Sri Lanka has been removed
from the Financial Action
Task Force (FATF) list of
countries at risk for money
laundering.
Minister of Finance Mangala
Samaraweera said in a
statement that FATF in Paris
informed the removal of Sri
Lanka’s name from the
blacklist commending the
new measures taken by the
country on financial security.
Sri Lanka was first included
in the blacklist in 2011. By
2012, Sri Lanka was listed in
the list as Lpl a dangerous
country with no commitment
to the financial security plan.
The statement said the
government together with the
Central Bank and other
financial institutions, has
taken several measures since
2016 to ensure the financial
security of the country.